Public Debt in Belarus

Belarus Public Debt | Economic News & Forecasts

Belarus - Public Debt

Growth slowed in Q4 2018 on a broad-based deceleration. Fixed investment fell over the quarter, although still-solid household spending cushioned the downturn somewhat. Moreover, weaker momentum seems to have carried over into Q1 2019, with muted wholesale trade growth and high inflation in January-February suggesting a slowing of household spending. In addition, flagging industrial production and falling agricultural output through the first two months of the year likely weighed on growth. On the external front, the current account deficit narrowed to a two-decade low at the end of last year, although exports contracted in Q4 and again in January. In other news, President Alexander Lukashenko failed to negotiate vital energy subsides from Russia in February. Belarus has historically relied on tax-free oil imports, which it then exported at a profit to generate a key source of state income.

Belarus - Public Debt Data

2013  2014  2015  2016  2017  
Public Debt (% of GDP)31.9  32.9  46.9  47.2  47.5  

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Belarus Facts

ValueChangeDate
Exchange Rate2.09-0.36 %Apr 22
Stock Market0.10.0 %Apr 19

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